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ACCT 1209 – Lecture 33 - Quality of Income Ratio, Investing and Financing Cash Flows
 Quality of Income Ratio
 The quality of income can be measured in a number of ways.
 One of the common techniques us...

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ECON 1116 LECTURE 21: EARNINGS AND DISCRIMINATION
Compensating differential: a difference in wages that arises to offset the nonmonetary
characteristics of different jobs
These characteristics include unpleas...

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ECON 1116 LECTURE 20: EARNINGS AND DISCRIMINATION
 In competitive markets the wages workers earn equal the value of their marginal
products
 There are many factors that affect productivity and wages
...

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ECON 1116 LECTURE 19: EXTERNALITIES
Self-interested buyers and sellers neglect the external effects of their actions, so the market
outcome is not efficient.
Pollution: A negative example
Air pollution from a factory.
The...

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ECON 1116 LECTURE­18: EXTERNALITIES
What is an 'Externality'
An externality is a consequence of an economic activity that is experienced by unrelated
third parties. An externality can be either positive or negative. ...

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ECON 1116 LECTURE 17: INTERNATIONAL TRADE
 The consensus is that the unemployment rate is constant at 4.9%
 The unemployment rate equals the number of unemployed persons divided by the
total number o...